Belarusian-European Economic Forum in Luxembourg, 27 October 2017

The choice of the site is due to the recognized authority of Luxembourg in the field of international finance. To date, Luxembourg is Europe's leading and second largest after the US investment center. In a country with a population of just over 500,000 people, there are about 3,900 investment funds and 143 banks. The total capital of the Luxembourg financial system is more than 740 billion euros. Luxembourg's attractiveness as a financial center is based on a high level of investment protection and a flexible tax planning system. Taking into account "Brexit", the country's role in the international financial market will grow in the coming years.

Another strategic direction of Luxembourg's development is IT-technologies. Luxembourg claims leadership in the Third Industrial Revolution, which is based on "digital" technology. It is planned that the projects "National Internet" (100% coverage of the population with broadband Internet at a speed of 1 Gb / s by 2020), "Electric mobility" (ecological cars), "Mobility as a service" (use of multimodal technologies) will be launched soon. The convenient geographical location of Luxembourg will make it possible to actively involve German, French, Belgian and Dutch companies to participate in the forum.

The main objective of the forum is to create an effective and result-oriented, multi-level platform for establishing a stable interaction between Belarusian credit and financial institutions and business entities with European partners and promoting strong, in many respects unique aspects of the Belarusian economy (IT, logistics) among Western business circles.

Goals of the forum:

• attracting Western investments in the creation of new production capacities in the Republic of Belarus;

• study of the Luxembourg experience in the development of the financial system and the formation of the country as an internationally recognized financial and investment center;

• increasing the awareness of potential customers about the capabilities of Belarusian IT companies to produce software products;

• discussion of the list of priority infrastructure projects, the implementation of which will create new competitive channels for the delivery of goods through Belarus to / from Western Europe, including within the framework of the China’s One Belt, One Road initiative.

Target Audience and Forum Participants:

• the Ministry of Finance of Luxembourg, the Association of Luxembourg Banks, the Luxembourg Association of Investment Funds, the Associations – Innovation Luxembourg and Financial Luxembourg, separate financial institutions of Luxembourg;

• the European Commission, the European Investment Bank, the European Bank for Reconstruction and Development, the Nordic Investment Bank;

• ports of Western Europe, logistics operators in Luxembourg, Belgium, the Netherlands, Germany.